# commodity

Jokowi Inaugurates Red Cooking Oil Plant in North Sumatra

President Joko "Jokowi" Widodo inaugurated a pilot plant for red cooking oil in Deli Serdang Regency, North Sumatra.
Business Mar 14, 2024 | 1:38 pm

Bulog Initiates Measures to Tackle Rice Shortages in Modern Retailers

In recent weeks, rice stocks have vanished from modern retailers.
Business Mar 12, 2024 | 12:40 pm

Indonesia Imports 300,000 Tons of Rice from Thailand and Pakistan

Bulog has taken proactive measures by importing rice from Thailand and Pakistan to reinforce the nation's food reserves.
Business Mar 4, 2024 | 10:47 am

KB Bank Unveils New Company Name and Logo

Bank KB Bukopin officially rebranded itself under a new name as KB Bank.
Special Updates Mar 3, 2024 | 10:05 am

Imported Rice Arrival Eases Price Surge in West Java

A shipment of 66,000 tons of imported rice from Vietnam arrived at Patimban Port, Subang, West Java, on Friday.
Business Mar 2, 2024 | 10:35 am

Indonesia Grappling with Record-High Rice Prices: BPS

Rice prices in February 2024 reached an all-time high, according to the Central Statistics Agency (BPS).
Business Mar 1, 2024 | 4:26 pm

Rice Prices to Fall Sharply in Next 3 Weeks: Bapanas

The retail price of rice is expected to return to its usual level of around Rp 14,000 per kilogram during Ramadan.
Business Feb 29, 2024 | 3:30 am

Jokowi Doubles Subsidized Fertilizer Allocation to Ease Farmers' Woes

President Jokowi has decided to double the subsidized fertilizer allocation, raising it from 4.7 million tons to 9.55 million tons.
Business Feb 26, 2024 | 5:16 pm

Trade Ministry and Bulog Assure Food Stock Availability for the Upcoming Ramadan

The Trade Ministry and Bulog are assuring the availability of food stocks, particularly rice, for the upcoming fasting months of Ramadan
Business Feb 26, 2024 | 2:29 pm

CPO Prices Expected to Rise Ahead of Ramadan: ICDX

Crude palm oil (CPO) prices are expected to strengthen this week as major producing countries prepare for Ramadan.
Business Feb 26, 2024 | 9:58 am

Indonesian Traders Express Concerns as Rice Prices Surge Over 20%

Ikappi is raising concerns over the rising price of rice. In 2024, rice prices have already increased by more than 20 percent.
Business Feb 23, 2024 | 3:44 pm

Antam Secures Rights to Two Nickel Mining Blocks in Halmahera

State-owned mining company Aneka Tambang (Antam) is set to manage two nickel mining blocks in Halmahera
Business Feb 23, 2024 | 11:35 am

Indonesia's Coal Export Value Plummeted by 30 Percent in January: BPS

Coal export values plummeted by 29.76 percent, reaching $2.41 billion (Rp 37.75 trillion) in January 2024
Business Feb 16, 2024 | 9:08 am

Luhut Counters Tom Lembong's Statements on Tesla's Nickel Transition

Luhut Binsar Pandjaitan has refuted assertions made by the former head of the BKPM Thomas Lembong on the nickel industry.
News Jan 25, 2024 | 11:20 am

Indonesian Nickel Miners Face Plummeting Prices and Oversupply Concerns

Nickel prices have dropped by 44.64 percent year on year, reaching $15,799
Business Jan 23, 2024 | 3:28 pm

Indonesia Pushes for Coal Processing Industry as Production Hits All-Time High

The national coal production reached 775 million tons last year, the highest annual output in history.
Business Jan 16, 2024 | 8:22 pm

Indonesia’s Rice Imports Hit 3 Million Tons in 2023

Most of Indonesia's rice imports originated from Thailand and Vietnam, contributing 1.38 million tons and 1.14 million tons, respectively.
Business Jan 15, 2024 | 8:45 pm

ICDX Sets a Robust Start to 2024, Forecasts 25% Growth

ICDX disclosed a total transaction volume of 29,148.43 lots on the first trading day of 2024, surpassing 2023's daily average.
Business Jan 4, 2024 | 10:30 am

Jokowi: Super El Nino Impact Mitigated as Chili Prices Drop to Reasonable Levels

President Jokowi Widodo said that the price of red chili peppers in traditional markets is under control
Business Jan 2, 2024 | 11:34 am

India and Pakistan's Growing Reliance on Indonesian CPO Sparks Concerns

India and Pakistan heavily rely on the import of CPO from Indonesia, but export restrictions imposed last year have raised concerns
Business Nov 4, 2023 | 9:13 am

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